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Analysis-Debt-laden China's local governments scramble to rescue small banks with $21 billion in special bonds
Analysis-Debt-laden China's local governments scramble to rescue small banks with $21 billion in special bonds
By Ziyi Tang and Ryan Woo BEIJING Local governments in China have sold record amounts of so-called special
2023-11-29 07:28
Australian defense minister says army will stop flying European-designed Taipan helicopters
Australian defense minister says army will stop flying European-designed Taipan helicopters
Australian Defense Minister Richard Marles says the army will never again fly its fleet of MRH-90 Taipan helicopters following a crash in July that killed four soldiers
2023-09-29 10:54
Stock market today: Asian shares gain after data show China's economy stabilizing in August
Stock market today: Asian shares gain after data show China's economy stabilizing in August
Asian shares are mostly higher after China reported that its slowing economy showed signs of stabilizing in August
2023-09-15 14:58
Microsoft Hiring Sam Altman Won’t Solve Its OpenAI Problem
Microsoft Hiring Sam Altman Won’t Solve Its OpenAI Problem
After a chaotic few days of boardroom coups and attempted counter-coups at OpenAI, Microsoft Corp. said it would
2023-11-21 20:16
Marketmind: Fed steals focus, stocks sell off
Marketmind: Fed steals focus, stocks sell off
A look at the day ahead in European and global markets from Kevin Buckland The dominating theme in global financial
2023-09-07 12:57
AI Art Cannot Be Copyrighted, Judge Rules
AI Art Cannot Be Copyrighted, Judge Rules
A Friday AI-related federal ruling might potentially impact the ongoing writers' and actors' strikes going
2023-08-20 03:23
Volkswagen prevails against US counties' diesel emissions claims
Volkswagen prevails against US counties' diesel emissions claims
By Brendan Pierson A federal judge has ruled in favor of Volkswagen in lawsuits brought against the automaker
2023-06-24 04:51
Thermo Fisher cuts annual profit forecast on weak biotech demand
Thermo Fisher cuts annual profit forecast on weak biotech demand
(Reuters) -Medical equipment maker Thermo Fisher Scientific on Wednesday cut its annual profit forecast for the second straight quarter, hurt
2023-10-25 18:51
Australia's antitrust regulator pushes back against concerns after 3 big deals blocked
Australia's antitrust regulator pushes back against concerns after 3 big deals blocked
By Byron Kaye and Scott Murdoch SYDNEY The blocking of three major deals by Australia's antitrust regulator in
2023-09-29 13:26
YouTube to launch its first official shopping channel in South Korea - Yonhap
YouTube to launch its first official shopping channel in South Korea - Yonhap
SEOUL YouTube will launch its first official shopping channel for live commerce in South Korea on June 30,
2023-06-21 11:51
Don't store cash in Venmo and PayPal, US regulator warns
Don't store cash in Venmo and PayPal, US regulator warns
Payment apps like PayPal and Venmo might be convenient, but they're not banks — and a federal financial services watchdog is worried that too many consumers are treating them as such.
2023-06-03 00:50
Asia Stocks Muted as Fed Speak Pushes Bonds Higher: Markets Wrap
Asia Stocks Muted as Fed Speak Pushes Bonds Higher: Markets Wrap
Shares in Asia were little changed, mirroring a flat day on Wall Street as bonds extended a rally
2023-11-30 08:57